Which item(s) in the Del Taco Disclosure Document discuss the franchisee's obligations regarding transfers, as outlined in Section 12 of the Franchise Agreement and Sections 12 and 16 of the Development Agreement?

According to the 2025 Del Taco Franchise Disclosure Document, Item 6 and Item 17 contain information regarding the franchisee's obligations concerning transfers, as detailed in Section 12 of the Franchise Agreement and Sections 12 and 16 of the Development Agreement. This indicates that these specific items in the disclosure document will provide details on the process, requirements, and any restrictions related to transferring ownership or rights under the franchise and development agreements.

For a prospective Del Taco franchisee, this means carefully reviewing Items 6 and 17 is crucial to understanding the conditions under which they can sell their franchise, transfer it to another party, or handle any changes in ownership structure. These items will likely outline Del Taco's approval process, any fees associated with transfers, and the criteria that potential buyers must meet.

Understanding these obligations is essential for franchisees to plan their exit strategy or manage unforeseen circumstances that may require a transfer of ownership. Paying close attention to these sections can help avoid potential disputes or complications down the line and ensure compliance with Del Taco's policies.